Why this expertise matters today

Credit risk management has become a central capability for financial institutions operating in increasingly uncertain economic environments. Volatile markets, shifting regulatory requirements, rising household and SME indebtedness, and climate-related financial risks all require banks and MFIs to strengthen their credit assessment, portfolio monitoring, and risk mitigation systems. Effective credit risk management safeguards financial stability, ensures responsible lending practices, expands access to finance, and supports sustainable private sector growth. As financial systems evolve, institutions must adopt evidence-based, data-driven approaches to evaluating borrowers, structuring products, and managing credit portfolios.

Why our firm values this expertise

Alpha Plus Consulting has accumulated deep and practical expertise in credit risk management through long-term work with commercial banks, microfinance institutions, credit bureaus, and development partners. Our team has assessed credit technologies, supported due diligence, evaluated microfinance programs, mapped borrower segments, analyzed credit portfolios, and contributed to the establishment of Armenia’s first private credit reporting system. Over decades, we have developed a nuanced understanding of risk assessment practices across diverse financial sectors and geographic contexts, enabling us to support institutions in strengthening responsible finance and improving the quality of their lending operations.

Selected projects

Our firm's expertise is based on many-year experience. Specifically, this particular expertise has been applied and successfully in the following selected projects:

· Assessment of Demand for Credit Bureau Queries and Feasibility Study for Credit Scoring – World Bank & Central Bank of Armenia
Surveyed financial institutions and analyzed credit portfolio data to assess feasibility and requirements for private credit bureau operations.

· Design of Innovative Financial Products for Banks and MFIs – ILO
Developed financial products and revised lending procedures, integrating credit risk considerations into product and process design.

· SEF Loan Demand Assessment – SEF International
Analyzed regional borrowers, loan demand, and lending risks to support microfinance expansion.

· Independent Evaluation of Microfinance Program – ECLOF International/India
Assessed credit systems, lending methodologies, financial controls, and organizational credit management practices.

· Local Partner in Banking Sector Development Project / Credit Guarantee Fund – KfW/SBFIC
Conducted due diligence, banking sector diagnostics, and risk-related assessments to support CGF implementation.

· Feasibility Study for Armenia’s First Private Credit Reporting System – OSCE
Reviewed legal foundations, demand, risks, investment needs, and operational requirements for establishing a credit bureau.

·Periodic Evaluation of AREGAK Microfinance Program – UMCOR
Reviewed operational and lending practices, portfolio quality, and recommendations for institutional transformation.